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  • #420,241
  • Apr 12, 2011 5:03am Apr 12, 2011 5:03am
Quoting TheSwede
How do you all go about determining support and resistance that are important for the coming day?
Tough question. There's a whole science to mastering S.R. I'm still a noob, perhaps others here can help?
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  • #420,242
  • Apr 12, 2011 5:04am Apr 12, 2011 5:04am
I did not trade anything on Monday since the markets were slow, today I expect to make up the requirement with a good trade iff eu manages to move its arse above last week high.
  • #420,243
  • Apr 12, 2011 5:04am Apr 12, 2011 5:04am
Quoting hindustani
Simple
Ha.
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  • #420,244
  • Apr 12, 2011 5:07am Apr 12, 2011 5:07am
Quoting hindustani
I did not trade anything on Monday since the markets were slow, today I expect to make up the requirement with a good trade iff eu manages to move its arse above last week high.
4564 is on the horizon
  • #420,245
  • Apr 12, 2011 5:10am Apr 12, 2011 5:10am
Quoting Julexo
1 target done at 440
2 4478 in soon time
all done all targets reach my destination

wait for next setup
  • #420,246
  • Apr 12, 2011 5:10am Apr 12, 2011 5:10am
Better wait til 1.4482 if you want to short.
I prefer to wait for a pullback myself before re-entering long.



Quoting akash14
Short EU and make some pips for you guys.
  • #420,247
  • Apr 12, 2011 5:11am Apr 12, 2011 5:11am
Quoting akash14
Short EU and make some pips for you guys.
1.4488. High on H4. I think it may be worth considering to short there.
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  • #420,248
  • Apr 12, 2011 5:12am Apr 12, 2011 5:12am
Quoting BrunargarFx
Better wait til 1.4482 if you want to short.
I prefer to wait for a pullback myself before re-entering long.
we're on the same wavelength then.
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  • #420,249
  • Apr 12, 2011 5:14am Apr 12, 2011 5:14am
Yip, Ialso have the exact same level as you: 1.4482 -1.4488
Quoting vosterfxandy
we're on the same wavelength then.
  • #420,250
  • Apr 12, 2011 5:15am Apr 12, 2011 5:15am
Well... it seems.... at least I am not the only one waiting for the short.
  • #420,251
  • Apr 12, 2011 5:15am Apr 12, 2011 5:15am
Quoting TheSwede
Thank God your back Cloggie. Hope your vacation was good.

Won't last, too many 10v fraudsters and muppets here that will jump down my neck, I tend to take away their opportunity to scam the noobies here.

Going back on holiday later this week, this time of year I spend more time away then at home.
  • #420,252
  • Apr 12, 2011 5:16am Apr 12, 2011 5:16am
Quoting T@rantula
I longed @ 4390 s/l 4350. Targets: 4420, 4480 thou I may close it earlier.

We have a 3h TL..if it holds we could see Upper levels

Congrats ... to one of our only really rare ones here ...

I was long as well from 1.43844 ... but unfortunately I unwinded too early ...

Schade ... but I never jump on a boat that as left the harbour nearly then ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #420,253
  • Apr 12, 2011 5:16am Apr 12, 2011 5:16am
I tried a short @ yearly high 4478. SL @ BE now TP about 50-100 pips?
  • #420,254
  • Apr 12, 2011 5:16am Apr 12, 2011 5:16am
Quoting Jok
Well... it seems.... at least I am not the only one waiting for the short.

While you keep waiting for your short, she has moved 100 pips without you. You may want to finetune your strategy a bit.
  • #420,255
  • Apr 12, 2011 5:19am Apr 12, 2011 5:19am
Quoting BrunargarFx
Yip, Ialso have the exact same level as you: 1.4482 -1.4488
Good stuff man.
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  • #420,256
  • Apr 12, 2011 5:19am Apr 12, 2011 5:19am
Quoting cloggie
4464

Now testing as support

Quoting cloggie
Commodites are testing the highs again, equities are rallying, look to buy the dips for a further move up on euro. 4464 will need a good momentum bar and we are looking at 4495.

Any shorts are countertrades here and need tight stops and quick exits.
  • #420,257
  • Apr 12, 2011 5:20am Apr 12, 2011 5:20am
Quoting cloggie
too many 10v fraudsters
why doesn't Twee ban these 10V fraudsters and con men then?!
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  • #420,258
  • Apr 12, 2011 5:22am Apr 12, 2011 5:22am
Quoting cloggie
While you keep waiting for your short, she has moved 100 pips without you. You may want to finetune your strategy a bit.
Yes... I'll have to, still finetuning though. Thank you Sir.
  • #420,259
  • Apr 12, 2011 5:23am Apr 12, 2011 5:23am
Quoting cloggie
Now testing as support

sup?
  • #420,260
  • Apr 12, 2011 5:23am Apr 12, 2011 5:23am
Quoting Jok
Yes... I'll have to, still finetuning though. Thank you Sir.

I say this plenty of times: never ever look for a reason to reverse, always look for a reason to continue first. Picking tops is for gamblers. 99% of traders that have been in this business for less then 10 years don't know how to pick a top.

Keep an eye on the 2 levels for Oil and Gold I posted earlier, they will drive the dollar sentiment and are still very valid here till NY opens.
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